PPP Loan information for Rails steakhouse llc

$781,180

Rails steakhouse llc was initially approved for PPP Loan of amount $781,180, the current approved amount is $781,180. The loan was approved on 04/10/2020 by The Valley National Bank reported 90 jobs and $781,180 was used to fund payroll.

Rails steakhouse llc is Existing or more than 2 years old

PPP Loan Search / NJ / TOWACO / Rails steakhouse llc

RAILS STEAKHOUSE LLC

Date Approved

04/10/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

RAILS STEAKHOUSE LLC

Borrower Address

10 Whitehall Road

Borrower City

TOWACO

Borrower State

NJ

Borrower Zip

07082

Loan Status Date

05/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

781180.00

Current Approval Amount

781180.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TOWACO

Project County Name

MORRIS

Project State

NJ

Project Zip

07082-0001

CD

NJ-11

Jobs Reported

90

NAICS Code

722511

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

781180.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

788861.60

Forgiveness Date

04/12/2021

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